Re: Does the Price of Bitcoin Matter?

Quote from: White Christmas on June 12, 2017, 10:26:27 AM

Quote from: randy8777 on May 13, 2015, 02:41:01 PM

of course the price matters. it matters for 90% of the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin. which isn't the case right now.

Yes its very important because this is the basis of some people if they are going to sell or buy it to get more profit. Last month the price of bitcoin is stable but right now its not.

I agree with you, but still bitcoin was always not stable, it depends on how people react on different things. If all sharks will start withdrawing their money, than bitcoin will simply drop. But we are on a good side, where people are just trying to make as much profit as possible